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Lakeland South, WA | City Real Estate Market Analysis

Lakeland South, King County, Washington
City Analysis Real Estate Market WA King County
Lakeland South
Market Insight

Lakeland South, WA Investment Potential Analysis

Market analysis for Lakeland South, WA will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Lakeland South.
0.88%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$72,426
Avg. Household Income
💵 Average annual household income in the area.
13,451
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Lakeland South, WA Real Estate Market Property Overview

  • Real estate market overview for Lakeland South, WA, King County
  • Population of 13,451
  • Average household income of $72,426
  • Property tax rate of 0.88%
  • Median resident age of 39.70

Property Details

City Lakeland South State Washington
County King Country USA
Population 13,451 Median Age 39.70
Avg. Household Income $72,426 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 0.88%
Top Industries N/A Economic Overview N/A
Coordinates 47.2786, -122.2826 Properties Listed 0

Model investment returns using Lakeland South, WA market data as defaults

25%
5.0%
30 years
0.88%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

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💵Cash on Cash Return

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🚀Internal Rate of Return

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🏛️Property Tax Analysis

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* Calculations use Lakeland South, WA median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Lakeland South, WA Income Property

Key questions for informed investment decisions

What is the overall investment potential of Lakeland South, WA? +
The combination of a relatively low poverty rate of 6.7%, high health insurance coverage of 93.4%, and a strong median household income of $72,426 suggests a stable investment market with a solid foundation for rental income and property appreciation. The diverse economy with top industries in Finance & Insurance, and Public Administration also supports a robust market. Additionally, the high homeownership rate of 78.6% and median property value of $264,900 indicate a desirable area for homeowners and investors alike.
How does the demographic makeup of Lakeland South impact investment decisions? +
The demographic makeup of Lakeland South, with a median age of 39.7 and top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a diverse and potentially growing population. The foreign-born rate of 10.3% also indicates a degree of cultural diversity, which can contribute to a vibrant and dynamic community. This diversity, combined with a relatively low poverty rate and high health insurance coverage, makes for an attractive investment environment.
What role do commute times and transportation options play in the investment potential of Lakeland South? +
The average commute time of 27.4 minutes in Lakeland South, with top commute methods including driving alone, carpooling, and working from home, suggests a relatively convenient and flexible transportation situation. This, combined with a strong employment population of 6,724 and top industries in Finance & Insurance, and Public Administration, indicates a solid foundation for a stable and growing workforce, making the area more attractive to investors.
How do quality-of-life metrics, such as health insurance coverage and education, impact investment decisions in Lakeland South? +
The high health insurance coverage rate of 93.4% and a high school graduation rate of 92.2% in Lakeland South suggest a population with access to quality healthcare and education, contributing to a higher quality of life. This, in turn, can lead to a more stable and attractive environment for investors, as it indicates a population with the resources and support necessary to maintain stable employment and housing situations.
What is the potential for property appreciation and rental yields in Lakeland South? +
The median property value of $264,900 and median property taxes of $3,914 in Lakeland South, combined with a strong median household income and low poverty rate, suggest a potential for stable property appreciation and rental yields. The diverse economy and high homeownership rate also support a robust housing market, making Lakeland South an attractive option for investors looking for a balance of stability and growth potential.
What are some of the best neighborhoods to live in Lakeland South? +
Some of the best neighborhoods to live in Lakeland South include Lakeland Hills, The Bridges, and Verona South. These neighborhoods offer a range of housing options, from affordable homes to luxury properties, and are known for their family-friendly atmosphere and convenient access to local amenities.
What are some fun things to do in Lakeland South? +
There are plenty of fun things to do in Lakeland South, including visiting the Polk Museum of Art, exploring the beautiful gardens at Hollis Garden, and taking a stroll around Lake Mirror. You can also catch a show at the Silver Moon Drive-In Theatre or visit the Pacific Bonsai Museum. For outdoor enthusiasts, there are plenty of parks and trails to explore, including the Rhododendron Species Botanical Garden.
What is the food scene like in Lakeland South? +
The food scene in Lakeland South is diverse and vibrant, with a range of restaurants serving everything from classic American comfort food to international cuisine. Some popular spots include Jack's BBQ & Steakhouse, The Wandering Goose, and Il Forno. There are also plenty of great food trucks and local eateries to try, such as Uncle Nicks Italian Bagels and S&L Burgers.
What are the pros and cons of living in Lakeland South? +
The pros of living in Lakeland South include its family-friendly atmosphere, convenient access to local amenities, and a range of housing options to suit different budgets and lifestyles. However, some cons include the potential for traffic congestion and limited public transportation options. Additionally, some areas of Lakeland South may be prone to noise pollution from nearby highways or industrial areas.
Is Lakeland South a good place to live? +
Overall, Lakeland South is a great place to live for those who value a family-friendly atmosphere, convenient access to local amenities, and a range of housing options. While there may be some drawbacks to consider, such as traffic congestion and limited public transportation options, the pros of living in Lakeland South make it a desirable choice for many people. With its beautiful parks, vibrant food scene, and community events, Lakeland South is a great place to call home.

Things Near Lakeland South, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Lakeland South

Lakeland South, WA is a stable investment market with a median household income of $72,426 and relatively low poverty rate of 6.7%. This market tends to attract a diverse population, with 40% identifying as White, 37.5% as White Non-Hispanic, and 6.4% as Hispanic. The foreign-born rate of 10.3% suggests a moderate level of cultural diversity. With a median age of 39.7, the population is fairly established, and the average commute time of 27.4 minutes is relatively manageable. The top industries in the area, including Finance & Insurance, Public Administration, and Professional Services, provide a stable economic foundation. However, the 6.7% poverty rate and GINI coefficient of 0.348 indicate some income inequality, which could pose a challenge for investors. On the other hand, the high health insurance coverage rate of 93.4% and low violent crime rate of 0.35 per 1,000 residents suggest a high quality of life. The median property value of $264,900 and median property taxes of $3,914 are relatively affordable, and the homeownership rate of 78.6% indicates a strong sense of community. Overall, Lakeland South, WA presents a balanced investment opportunity, with both strengths and weaknesses to consider. Investors should carefully weigh the pros and cons, including the potential risks associated with income inequality and the benefits of a diverse and stable population.

Population 13,451
Median Age 39.70
Avg. Household Income $72,426
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials